Fast Market Research

RTD Tea in the United Kingdom - New Market Study Published

Fast Market Research recommends "RTD Tea in the United Kingdom" from Euromonitor International, now available

 

Boston, MA -- (SBWIRE) -- 06/04/2014 -- RTD tea experienced good growth in 2013, although from a relatively low base compared to other soft drinks categories. While the winter lasted for a long time into 2013, very hot months followed up, enabling growth in RTD tea sales. This type of drink is very much perceived as rehydrating and as a more refreshing alternative to a cup of tea, hence its higher sales in the summer months. Although 2012 recorded very decent growth of 2% in volume terms, warmer months in 2013 helped the category go a bit further and helped volume sales grow by close to 3%.

Competitive Landscape

Britvic Soft Drinks Ltd retained its leadership position in 2013 thanks to the Lipton Ice Tea brand, available in the following flavours, in order of consumers' preference: Lemon, peach and mango. The company holds a retail value share of 75% and a 80% retail volume share.

Industry Prospects

Retail sales of RTD tea are expected to see a 2% CAGR in both volume and constant value terms over the forecast period. As sales are rather low in absolute terms, this will not represent a major market shift. Prices are expected to remain stable in constant terms, which could also contribute to consumers being more willing to try RTD tea.

View Full Report Details and Table of Contents

Report Overview

Discover the latest market trends and uncover sources of future market growth for the RTD Tea industry in United Kingdom with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the RTD Tea industry in United Kingdom, our research will save you time and money while empowering you to make informed, profitable decisions.

The RTD Tea in United Kingdom market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth  
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of RTD Tea in United Kingdom?
- What are the major brands in United Kingdom?
- What flavors of RTD Tea, like green tea, are the most popular in United Kingdom?
- Who is the consumer profile of RTD tea drinkers in United Kingdom?
- What are the key on-trade market trends for RTD Tea sales and how these are changing?
- What is the key on-trade distribution channel for United Kingdom?
- Are fountain sales available for RTD Tea in United Kingdom?

Reasons to Get this Report

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Beverages research reports at Fast Market Research

You may also be interested in these related reports:

- Hot Tea Market in the United Kingdom: Market Profile to 2017
- The Future of the Hot Drinks Market in the UK to 2017
- Soft Drinks in the United Kingdom
- Hot Tea Market in the United Kingdom to 2017
- RTD Tea in the United Kingdom
- Iced/RTD Tea Drinks Market in West Europe to 2019: Market Guide
- United Kingdom Iced/Rtd Tea Drinks Category Profile 2013
- The UK Soft Drinks Market: What Consumers Drink and Why?
- Global Iced/RTD Tea Drinks Report 2013
- The UK Hot Drinks Market: What Consumers Drink and Why?